HYD Options History — August 2023

In August 2023, HYD traded between $50.14 and $50.95. ATM implied volatility averaged 8.9%, placing in the 28.4% IV rank vs the trailing year. The 30-day expected move averaged 2.5%. IV traded above realized volatility by 1.6% (HV 20d: 7.3%). Max pain ranged from $51.00 to $51.00. Net GEX was positive for 0 of 23 trading days. Term structure was in contango for 15 of 23 days. Put/call ratio averaged 0.77.

Notable Days

  • 2023-08-23: Highest Volume — 308 contracts
  • 2023-08-07: Largest IV spike — 24.6% change
  • 2023-08-07: Highest IV Rank — 44.3%
  • 2023-08-07: Largest Expected Move — 2.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$50.60$50.14$50.95$50.87$50.82
Max Pain$51.00$51.00$51.00$51.00$51.00
ATM IV8.9%7.3%11.3%8.9%7.3%
Expected Move2.5%2.1%2.8%2.6%2.1%
HV 20d7.3%5.7%8.2%6.1%5.7%
HV 60d6.3%6.0%6.7%6.1%6.0%
IV Rank28.4%17.5%44.3%28.3%17.5%
IV Percentile29.9%9.5%50.8%30.2%9.5%
Term Structure0.1%-0.9%1.0%-0.3%0.7%
VWIV8.9%6.5%10.2%8.9%8.6%
Skew 25d1.9%0.4%4.1%0.6%1.7%
Skew 10d7.2%-2.6%12.9%-0.1%10.4%
Call IV 25d8.1%6.6%9.5%9.3%7.2%
Put IV 25d10.0%8.6%11.0%9.9%8.9%
Bid-Ask Spread %85.9333.13122.7392.66117.99
Gamma HHI0.530.410.780.440.67
Net GEX-331.5K-383.2K-248.7K-310.6K-333.9K
Net DEX952.9K270.7K1.5M1.1M270.7K
Net VEX-6.8K-7.8K-6.0K-6.1K-6.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.770.005.500.120.00
Total Volume33.21703089512
Total OI1,390.6521,2431,4951,2431,495

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2023-08-01$50.87$51.008.9%2.6%6.1%28.3%0.0%0.6%-0.3%-310.6K1.1M-6.1K0.1292.668510404839
2023-08-02$50.63$51.008.8%2.5%6.3%27.7%8.9%0.4%0.2%-248.7K989.2K-7.8K0.0051.14011504839
2023-08-03$50.14$51.0010.4%2.6%7.1%38.5%8.8%2.2%0.1%-293.3K1.5M-7.6K0.1698.52386504849
2023-08-04$50.56$51.009.0%2.6%7.7%29.3%0.0%1.9%0.5%-267.1K1.1M-7.6K0.0035.1000502855
2023-08-07$50.41$51.0011.3%2.8%7.7%44.3%9.5%1.9%-0.2%-287.4K1.3M-7.5K5.5033.13211502855
2023-08-08$50.72$51.009.5%2.5%8.1%32.0%0.0%2.5%1.0%-292.8K975.6K-7.3K0.00101.4700502862
2023-08-09$50.95$51.008.7%2.5%8.2%26.9%9.4%1.4%-0.3%-311.3K749.1K-6.8K0.71107.761410502862
2023-08-10$50.89$51.008.4%2.4%8.0%25.1%0.0%0.9%0.4%-306.0K786.2K-7.3K0.00122.7300516862
2023-08-11$50.75$51.008.3%2.4%8.1%24.5%10.2%4.1%0.7%-326.8K937.6K-7.2K0.0060.38011516862
2023-08-14$50.75$51.008.4%2.4%8.0%25.1%0.0%3.2%0.6%-337.6K905.3K-6.6K0.0045.5200516862
2023-08-15$50.77$51.009.0%2.6%7.8%28.9%0.0%2.9%0.3%-346.7K917.8K-7.0K0.0042.5650516862
2023-08-16$50.72$51.008.6%2.5%7.7%26.2%6.5%2.9%0.3%-354.8K917.0K-6.6K0.0094.2102516862
2023-08-17$50.45$51.009.7%2.8%7.3%33.6%9.6%2.1%-0.9%-374.5K1.2M-6.8K0.0065.3401516862
2023-08-18$50.45$51.009.4%2.7%7.3%31.5%9.3%2.0%-0.1%-366.9K1.2M-6.7K0.00112.37014516862
2023-08-21$50.30$51.009.3%2.7%7.3%31.1%8.8%1.7%-0.5%-344.8K1.3M-6.7K0.8172.414839512845
2023-08-22$50.17$51.008.8%2.5%7.3%27.6%0.0%1.0%0.5%-374.8K1.4M-6.5K0.0086.22120560864
2023-08-23$50.46$51.009.3%2.7%7.5%31.2%9.3%1.5%-0.4%-351.8K1.0M-6.9K0.00103.450308593864
2023-08-24$50.47$51.009.5%2.7%7.0%32.3%8.0%1.6%-0.3%-341.1K938.3K-6.9K0.00105.44040593847
2023-08-25$50.45$51.008.9%2.6%6.9%28.5%0.0%1.9%0.3%-350.7K887.3K-6.5K0.00103.33150593827
2023-08-28$50.50$51.008.7%2.5%7.0%26.8%0.0%2.0%0.3%-383.2K769.1K-6.5K0.0098.3901608827
2023-08-29$50.77$51.007.4%2.1%7.0%18.2%0.0%1.2%0.5%-368.1K349.3K-6.0K0.35106.304315608828
2023-08-30$50.75$51.007.4%2.1%6.8%18.1%8.6%1.0%0.2%-351.1K329.6K-6.2K0.00120.03011651843
2023-08-31$50.82$51.007.3%2.1%5.7%17.5%0.0%1.7%0.7%-333.9K270.7K-6.2K0.00117.99120651844